Labour proposes £4bn a year for affordable homes

Jeremy Corbyn

Labour has unveiled its housing proposals to build a million “genuinely affordable” homes over a decade should they come into power.

In launching the Green Paper entitled ‘Housing for the Many’, shadow secretary of state for housing John Healey said: “The housing market is broken, and, after eight long years it is clear that current Conservative housing policy is failing to fix it. Ministers talk big about housebuilding targets to be reached some time in the next decade. But what new homes we build, and who they’re for, matter just as much as how many we build. To make housing more affordable, we need to build more affordable homes, and to hardwire housing affordability through the system, from planning to funding to delivery.”

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